So when does the debt start to reduce ?

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Originally Posted by Zippity

He'll ruin us eventually.

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This is basically a legalised version of an age of Cosa Nostra (Sicilian mafia), Mafioso scam. A more modern example would be the Manchester gangs protection rackets in the 1980s; siphoning the inventory off from a legitimate business they are 'protecting' from other gangs until the business has nothing left to sell or trade & goes bankrupt.

The owner funnels the money / profit from merchandise & player sales into MASH holdings whilst the club accounts are constantly in arrears leading to MASH or the owner needing to 'inject' funds to keep the club afloat.

What a Philanthropist.

The need for the tax man, ethics committee (if there is such a thing in Football / Premier League / FA) to investigate the manner in which the club is run could not be more pressing!

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Originally Posted by Geordie1974

He saved the club man.Because apparently nobody else would have wanted to buy a club of our size and stature.What a load of b0llocks.Apparently he can do what he likes and we should be grateful for the debt/loan doubling in size since he waddled through the door.
As for the debt.It will just get bigger every year until he drops because he will never sell.

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so why hasnt anyone brought us
one half hearted attempt from stavely who had no backing and some geordie who thought 24 mil could buy it

you would think the great geordie nation with all its super fans like sting the lads from auf weidersien pet etc shearer would be able to afford 300-400 mill between them

and then do an ash and just give all money generated to who ever they appoint as manager

the truth is this club will need close to a billion pounds in purchase and player and upkeep of tehe ground

thats why we wont get sold

and the returns outside the top 4 arent worth that investment

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Originally Posted by Zippity

He is an absolute cunt.

End of.

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the advertising wouldnt cover the debt payment

even the debt payment from the initial purchase and not what has incurred under him

and who says if he pulls his signage anyone else would fill it

people dont want to rename the ground ,rightly so

people seem to not like the advertising as the shops are tat(snoby pheckers)

so do we only accept advertising from ethical buisness
that rules out banks ,,and most big buisness

what would we get maybe 1.5 mill a year from all his advertising ,if that

what is a loan repayment on 120 odd million 5-6 mill maybe at the rates when it was given to ash

if that is correct surely the club owes him money

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Originally Posted by pboromag

so why hasnt anyone brought us
one half hearted attempt from stavely who had no backing and some geordie who thought 24 mil could buy it

you would think the great geordie nation with all its super fans like sting the lads from auf weidersien pet etc shearer would be able to afford 300-400 mill between them

and then do an ash and just give all money generated to who ever they appoint as manager

the truth is this club will need close to a billion pounds in purchase and player and upkeep of tehe ground

thats why we wont get sold

and the returns outside the top 4 arent worth that investment

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Yet again sniping at geordies !

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Originally Posted by ronandtet

Yet again sniping at geordies !

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That's the best you get from a cockney sparrer. Can't give support to one of his local East End clubs.

He's a queer c*nt that's for sure.

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Originally Posted by ronandtet

yet again sniping at geordies !

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its not a snipe but an observation

the mnaure lads brought a team

local buisness men buy local teams we had that joker who everyone thought was a saviour and he had 24 mill
so why dont the geordie locals buy their team

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Originally Posted by ex_pat_magpie

that's the best you get from a cockney sparrer. Can't give support to one of his local east end clubs.

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you cant support your team other than through a newspper or online

i go to games me mate
so i think im allowed to speak as i see

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Originally Posted by pboromag

you cant support your team other than through a newspper or online

i go to games me mate
so i think im allowed to speak as i see

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Then do so without sniping.

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Originally Posted by pboromag

its not a snipe but an observation

the mnaure lads brought a team

local buisness men buy local teams we had that joker who everyone thought was a saviour and he had 24 mill
so why dont the geordie locals buy their team

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of the 20 premier teams only 6 are owned by uk owners and of them the owners of spurs are the only owners better off than ashley !
and to compare "mnaure lads brought a team " to purchasing newcastle is totally ridiculous